Sun Communities Inc., which owns and runs 183 manufactured housing and recreational vehicle communities, also announced that it purchased 10 recreational vehicle communities for approximately $111.5 million.

The company said Wednesday that it foresees full-year funds from operations between $3.45 and $3.55 per share.

Analysts surveyed by FactSet predict funds from operations of $3.38 per share.

Funds from operations, or FFO, adds charges including amortization and depreciation back to net income and is considered a measure of core operations for a REIT.